The Founder's Guide to

Venture Attractor

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Overview

Venture Attractor is a university-based research initiative of the El Pomar Institute of Innovation & Commercialization (EPIIC) at the University of Colorado Colorado Springs (UCCS). Founded to drive economic development in Colorado Springs, Venture Attractor aims to strengthen the local startup ecosystem by cultivating early-stage startups and connecting them with essential resources, mentorship, and networks. This initiative is particularly focused on enhancing the entrepreneurial landscape in Colorado Springs, fostering innovation, and preparing startups for future investment opportunities.

Since its inception, Venture Attractor has positioned itself as a key player in the region's economic development strategy. By leveraging the academic resources and research capabilities of UCCS, the organization provides a unique platform for startups to thrive. The firm operates with a clear mission: to develop a dynamic regional cluster in specific sectors, thereby driving economic growth and creating a vibrant startup ecosystem. With a portfolio of five notable companies, Venture Attractor is committed to nurturing innovation and entrepreneurship in Colorado Springs.

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Frequently Asked Questions

What stages does Venture Attractor invest in?

Venture Attractor invests in early-stage startups, specifically at the pre-seed, seed, and seed-plus stages. This focus allows them to support companies as they begin their journey and prepare for future funding opportunities.

How do I pitch Venture Attractor?

Founders interested in pitching to Venture Attractor can do so through their website at ventureattractor.org or by emailing ldoster@uccs.edu. It is advisable to provide a clear and concise overview of your business, including your value proposition and market potential.

What sectors does Venture Attractor focus on?

Venture Attractor primarily focuses on sectors such as commerce, healthcare, Sports and Outdoors, Health Innovation, and Human Performance. This targeted approach aims to cultivate a dynamic startup ecosystem in Colorado Springs.

What is Venture Attractor's typical check size?

The specific check sizes for investments by Venture Attractor are not publicly disclosed. However, they focus on early-stage funding, which typically involves smaller amounts compared to later-stage investments.

Where does Venture Attractor invest geographically?

Venture Attractor primarily invests in startups located in North America, with a strong emphasis on supporting companies based in Colorado Springs and the surrounding regions.

What portfolio support does Venture Attractor provide?

Venture Attractor provides its portfolio companies with access to mentorship, resources, and networking opportunities. This support is designed to help startups navigate the challenges of early-stage development and prepare them for future investment.

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